EnQuest Background
EnQuest PLC (www.enquest.com) is an independent oil and gas production and development company focused on the UK Continental Shelf . Its assets include the Thistle, Deveron, Heather, Broom, West Don and Don Southwest fields. Gaffney, Cline & Associates (GCA) certified that as at 1 January 2010, EnQuests assets had total net proved plus probably oil and NGL reserves of 80.5MMBbl. As at 1 January 2010, GCA has also net certified oil and gas best estimate (2C) contingent resources for individual assets. The aggregate of the oil 2C contingent resources on an unrisked basis is 67.5MMBbl, and of the gas contingent resources is 30.6Bcf .

On 6 April 2010, EnQuest was formed from the demerged UK North Sea assets of Petrofac Limited and Lundin Petroleum AB. EnQuest was admitted to trading on both the London Stock Exchange and the NASDAQ OMX Stockholm. On listing, EnQuest PLC went into the FTSE 250 index and OMX Nordix Index. Its assets include the Thistle, Deveron, Heather, Broom, West Don and Don Southwest fields. It has interests in 16 production licences covering 26 blocks or part blocks in the UKCS, of which 15 licenses are operated by EnQuest.

EnQuest believes that the UKCS represents a significant hydrocarbon basin in a low-risk region, which continues to benefit from an extensive installed infrastructure base and skilled labour. EnQuest believes that its assets offer material organic growth opportunities, driven by exploitation of current infrastructure on the UKCS and the development of low-risk near field opportunities, rather than exploitation of high-risk exploration opportunities.

EnQuest intends to deliver sustainable growth in shareholder value by focusing on exploiting its existing reserves, commercialising and developing discoveries, converting its significant contingent resources into reserves and pursuing selective acquisitions. EnQuest is focused on increasing production from its existing assets in its core hub areas. It believes that it has excellent operational, execution, subsurface and integration skills and it seeks to become the development partner of choice in the UKCS.

EnQuest believes that it has the technical skills, the operational scale and the financial strength to achieve its objectives and to take advantage of the production and development opportunities in the UKCS.

http://www.nasdaqomxnordic.com/aktier/shareinformation?Instrument=SSE75073

http://www.bbc.co.uk/news/uk-scotland-scotland-business-19515932 So that's why they are up today then.

These have had a good run (and more to come "perhaps") but taking a profit for now.

Enquest Widens it's net http://www.moneyam.com/action/news/showArticle?id=4481215

Baillie Gifford & Co add today to go above a 5% holding today.

Recovered well after yesterdays North Sea leak and dip in SP, good recovery play and should be more to come here in the near future IMHO and DYOR.

Back up to 125p with more to come hopefully.

Limit orders taking me out 125p. Will do for now.

Up to 128 now.. damn it!

EnQuest announces its entry into North Africa http://www.moneyam.com/action/news/showArticle?id=4603338

Half Yearly report http://www.moneyam.com/action/news/showArticle?id=4649584

Norges Bank go above 3% http://www.moneyam.com/action/news/showArticle?id=4665672

EnQuest acquires 50% of Greater Kittiwake area

Interim Management Statement http://www.moneyam.com/action/news/showArticle?id=4706628

Montanaro Asset Management Limited sell a few: http://www.moneyam.com/action/news/showArticle?id=4866323

Half Year Report: http://www.moneyam.com/action/news/showArticle?id=4867499

Be very sceptical of anything EnQuest advise. A PFC style move is highly likely IMO

Not to be trusted eh B/A? Thanks for the heads up.

http://www.moneyam.com/action/news/showArticle?id=4930535

Anyone shorting this must have made a few bucks.

Sounds reassuring on the face of this: http://www.moneyam.com/action/news/showArticle?id=4963866